Maria Belinda

María, 54, is married with children who are all independent now. She works selling seasonal goods on credit according to what she deems advisable to sell and sometimes based on prior orders; she visits various markets in the zone to offer her wares.

This loan is her second sequence in the institution and María will use it to buy merchandise to stock up on a variety of goods. Her reason for requesting this loan is because she does not have any funds in reserve for this season.

The business challenge María faces is the cold season because it’s very intense where she lives and due to her advanced age she can’t get around to seek out the least expensive goods and this hurts her business. She will use profits to buy comforters, blankets and other goods that provide warmth.

Her wish is to have a house of her own to live in peace; she currently lives under the ‘anticrético’ modality [transaction whereby a property owner requests a "loan" from you in exchange for housing, which must be paid back to you at the end of your contract. If your loan is not repaid, the property owner could lose the property to you]

Additional Information

About Emprender

Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.